Carborundum Universal's Q3 FY 2025-26 Quarterly Results
- 30 Jan 2026
Result Summary
- Carborundum Universal Ltd reported a 0.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.5%.
- Its expenses for the quarter were down by 0.7% QoQ and up 5.7% YoY.
- The net profit decreased 1.5% QoQ and increased 94.5% YoY.
- The earnings per share (EPS) of Carborundum Universal Ltd stood at 4.01 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1304.16 | 1314.97 | 1271.83 | -0.8% | 2.5% |
Total Expenses | 1199.49 | 1208.33 | 1134.91 | -0.7% | 5.7% |
Profit Before Tax | 104.67 | 106.64 | 32.79 | -1.8% | 219.2% |
Tax | 40.00 | 38.25 | 5.81 | 4.6% | 588.5% |
Profit After Tax | 73.16 | 74.26 | 37.61 | -1.5% | 94.5% |
Earnings Per Share | 4.01 | 3.94 | 1.82 | 1.8% | 120.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Carborundum Universal Ltd (CUMI) is a prominent player within the industrial abrasives industry. The company specializes in the manufacturing of a wide range of products including abrasives, ceramics, and electro-minerals. These products are essential for various industrial applications such as grinding, cutting, and polishing. CUMI is part of the Murugappa Group, which is a leading conglomerate in India. Over the years, the company has expanded its presence across numerous international markets, establishing a robust global footprint. As of recent developments, while specific major events or innovations are not highlighted in the data provided, CUMI continues to focus on technological advancements and expanding its product portfolio to cater to diverse industry needs.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Carborundum Universal Ltd reported a total income of ₹1304.16 crores. When compared to the previous quarter (Q2FY26), which recorded a total income of ₹1314.97 crores, there is a slight quarter-over-quarter (QoQ) decline of 0.8%. However, when compared to the same quarter in the previous fiscal year (Q3FY25), where the total income was ₹1271.83 crores, there is a year-over-year (YoY) increase of 2.5%. This indicates a positive growth trajectory in revenue generation compared to the prior year, despite a minor decrease from the last quarter. The consistency in revenue performance highlights the company's ability to sustain its market position amidst varying market conditions.
Profitability
For Q3FY26, Carborundum Universal Ltd's profit before tax (PBT) was ₹104.67 crores, marking a slight decrease of 1.8% from the preceding quarter's PBT of ₹106.64 crores. However, there is a substantial YoY increase of 219.2% when compared to Q3FY25's PBT of ₹32.79 crores. After accounting for taxes, the profit after tax (PAT) for the current quarter is ₹73.16 crores, which is a small QoQ decrease of 1.5% from the previous quarter's PAT of ₹74.26 crores, but a significant YoY increase of 94.5% from the ₹37.61 crores reported in Q3FY25. The earnings per share (EPS) for the current quarter is ₹4.01, reflecting a 1.8% increase QoQ and a notable 120.3% rise YoY from the previous year's same quarter EPS of ₹1.82. These figures reflect the company's enhanced profitability on a YoY basis.
Operating Metrics
Carborundum Universal Ltd's operating expenses for Q3FY26 amounted to ₹1199.49 crores, demonstrating a slight QoQ reduction of 0.7% from ₹1208.33 crores in Q2FY26. Compared to Q3FY25, where total expenses were ₹1134.91 crores, there is a YoY increase of 5.7%. The tax expenditure for Q3FY26 was ₹40.00 crores, showing a QoQ increase of 4.6% from ₹38.25 crores in the previous quarter. YoY, the tax expenses increased significantly by 588.5% from ₹5.81 crores in Q3FY25. These operating metrics indicate an increase in operational costs over the year, alongside a substantial rise in tax liabilities, which contributes to the overall changes in the company's financial performance.